Fools confuse irrational momentum with quality investing.
I know. A Star Wars retread is coming. I'll be camping out in front of the theater for a ticket.
The typical Disney investor. I like what the company does, therefore it must be a buy. Forget the bubble valuation of the share price, that has nothing to do with feel good investing.
Cramer will be screaming well when this has a 50% haircut. And then you buy.
It's easy to pull numbers out of thin air. I prefer present reality.
Oh, I'm sorry, I forgot, there is a Star Wars retread coming. That's a game changer!
What a joke this company and the mouseketeers and their feel good investing are.
They deserve the beating they will take chasing irrationally valued equities.
"No nothing" stolen from the post before mine. Should have put it in quotes I guess.